Conrad Mallett, Jr. Sells 1,646 Shares of Lear (NYSE:LEA) Stock

Lear Corporation (NYSE:LEA) Director Conrad Mallett, Jr. sold 1,646 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $121.35, for a total transaction of $199,742.10. Following the transaction, the director directly owned 37 shares of the company’s stock, valued at approximately $4,489.95. This trade represents a 97.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lear Trading Up 3.1%

NYSE LEA opened at $122.80 on Friday. Lear Corporation has a 1 year low of $95.27 and a 1 year high of $150.33. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.31 and a quick ratio of 1.04. The company has a market capitalization of $6.06 billion, a PE ratio of 11.44, a P/E/G ratio of 0.59 and a beta of 1.25. The company has a fifty day moving average of $138.05 and a 200 day moving average of $131.10.

Lear (NYSE:LEA) last announced its quarterly earnings results on Friday, July 31st. The auto parts company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.30. The company had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $6.15 billion. Lear had a return on equity of 14.18% and a net margin of 2.35%.The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm earned $3.06 EPS. Research analysts forecast that Lear Corporation will post 14.84 earnings per share for the current year.

Lear Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, June 3rd. Lear’s dividend payout ratio (DPR) is 28.70%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on LEA shares. Morgan Stanley set a $130.00 price objective on shares of Lear in a research note on Monday, May 4th. Citigroup boosted their target price on shares of Lear from $177.00 to $179.00 and gave the company a “buy” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their price target on shares of Lear from $153.00 to $159.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Weiss Ratings upgraded shares of Lear from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Finally, Wall Street Zen downgraded shares of Lear from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $145.23.

Trending Headlines about Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Q2 earnings beat expectations: Lear reported adjusted earnings per share of $4.28 versus the $3.98 consensus estimate, while revenue reached $6.21 billion, ahead of the $6.15 billion forecast and up 3% year over year. Results were supported by margin expansion in the E-Systems segment. LEA Q2 Earnings Beat Estimates on E-Systems Margin Expansion
• Positive Sentiment: Buyback target raised: Lear increased its 2026 share-repurchase target to at least $350 million. The larger buyback could support earnings per share and signals management’s confidence in cash generation and the stock’s valuation.
• Neutral Sentiment: Valuation remains relatively low: Lear trades at roughly 11 times earnings, with analysts forecasting approximately $14.84 in full-year EPS. However, shares remain below their 50-day and 200-day moving averages, indicating that investors are still cautious about the auto-supply-chain and broader vehicle-production outlook.
• Negative Sentiment: Director sold nearly all holdings: Director Conrad L. Mallett Jr. sold 1,646 shares for approximately $199,742, leaving him with only 37 shares. Although insider sales can reflect personal financial considerations, the 97.8% reduction in his position may create a modest negative signal for investors. SEC insider ownership filing

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Altshuler Shaham Ltd purchased a new stake in Lear in the 4th quarter worth $25,000. WealthCollab LLC acquired a new position in Lear during the second quarter worth $28,000. Los Angeles Capital Management LLC purchased a new position in Lear during the fourth quarter valued at $30,000. Allworth Financial LP grew its position in shares of Lear by 62.6% in the third quarter. Allworth Financial LP now owns 309 shares of the auto parts company’s stock valued at $31,000 after purchasing an additional 119 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of Lear by 942.3% in the fourth quarter. Global Retirement Partners LLC now owns 271 shares of the auto parts company’s stock valued at $31,000 after purchasing an additional 245 shares during the period. Hedge funds and other institutional investors own 97.04% of the company’s stock.

About Lear

Lear Corporation (NYSE: LEA) is a global supplier of automotive seating and electrical distribution systems. The company designs, engineers and manufactures complete seat systems, seat components and power solutions for major vehicle manufacturers. Its electrical business delivers modules and components for battery management, infotainment, body and safety electronics, as well as advanced connectivity and electrification solutions.

The seating division develops lightweight, ergonomic seat structures, trim and mechanisms that address comfort, safety and environmental targets.